23 November 2023 - interim results

The cable and power supply manufacturer has announced interim results for the six month period to 30 September and these have revealed an 11.2% increase in revenue to $397.5m with underlying pre-tax profit increasing by 15.5% to $33.6m.  Earnings per share on the same basis were 3.5% higher at 14.9 cents and the interim dividend was raised 7.7% to 1.4p.  Net debt excluding operating leases rose to £140.6m from $76.4m at the start of the period but this was mainly due to the acquisition . . .

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